A
recent study undertaken by Cranfield
School of Management showed that Post
Implementation Reviews are, in reality,
rarely undertaken to confirm that
benefits have been achieved (26% of
cases).
When
viewed in conjunction with the fact
that 45% of respondees admitted to
overstating the benefits in order
to get project approval it is hardly
surprising that so few projects actually
deliver the benefits promised or that
76% of all respondees said that there
is scope for improvement in the process
for delivering benefits.
An
assure
Benefits Review does not simply focus
on the delivery if technical products,
but also looks closely at the business
changes that were identified as being
crucial to the organisation’s ability
to change and thus generate benefits
by doing things better, faster or
cheaper.
Benefits
Review is not of the project progress
(dealt with by the project methods
procedures) but of the realisation
of benefits.
Benefits
rarely appear on Day 1 of a system,
and some accumulate over quite long
periods. In multi-phase projects the
early phases often generate competencies
and new skills that will be exploited
in the later phases.
The
assure
Benefits Review will ensure that these capabilities
have been achieved.
Further
benefits can be identified at any
time but should in any case be formally
explored at the Review stage. Often
at the end of a project the organisation
has at its disposal a team who now
know more about the topic than anyone
else has ever known recently. Instead
of disbanding that team it could be
usefully employed to derive further
return on investment.
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